Ethereum Price Analysis: ETH/USD heading for a critical retest of last week’s high area
|- Ethereum price is trading in the green by 2.50% in the session on Tuesday.
- ETH/USD has been rallying for three straight days, as the bulls resume control, following a cooling period.
- The price must break above last week’s high area current resistance, for greater upside pressure.
ETH/USD daily chart
Price action is running at three consecutive sessions in the green, after smashing out from a bullish flag structure.
ETH/USD 60-minute chart
The price via the 60-minute chart view has also broken out of a bullish flag, as the price moves to session highs.
Spot rate: 174.50
Relative change: 2.50%
High: 174.50
Low: 169.94
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